Sunday, February 22, 2009

Bearwood Corporate Services -- Hmmm curious how we were just posting about these fascinating noble Lords who own Banks in Belize. BCS is the Conservatives’ biggest corporate donor and has given £4.74m to the party since February 2003, (at least) and heads the BBC4 midnight news.

The Times reveals today the Electoral Commission (EC) is looking at donations by the delightful and genial , fun loving, Lord Ashcroft, the Conservative party’s deputy chairman via BCS because UK electoral law may have been breached.

The EC started truffling around six months ago when it was found £4.79m has been transferred via a chain of companies controlled by the secretive fun loving, Lord Ashcroft from Belize, the Central American tax haven, to Bearwood Corporate Services (BCS).

The Tories might have to return the money if the EC finds they have breached electoral law by accepting the donations.

Not the first time that this sleepy, Wokingham, Berkshire money shifting outfit (founder and managing director, Lyn Austen) has been in the public eye .. The Tories, managed to fail to declare on time a number of Lord Ashcroft’s previous very generous pre-election donations: £5,000 to the Harlow Association, donated in January 2005; £5,000 to Brighton Kemptown; £2,145 to the Hastings & Rye Association... and also £7,993 donation to North Norfolk Conservative Association .. the seat of wannabe MP and amateur blogiste Iain Dale.

Or, how about Flowidea, a mysterious, a City-based investment company, has given at least £484,981 to the Conservatives since early 2001. No address, no phone , no website and they used to help fund William Hague's office.

Flowidea Ltd we can reveal, is a subsidiary of the investment bank Secure Trust Banking Group of personal and investment bankers ( website) owned by Arbuthnot Securities, a company listed on the London Stock Exchange.

An executive directors of Flowidea is Henry Angest, one of 11 businessmen who supported Michael Portillo's pointless bid for the Conservative leadership - who sits on Arbuthnot's remuneration Committee with BBC economics rentagob Director Ruth Lea.